subject
Business, 25.10.2019 21:43 qorderiusnewton

It is expected that earnings per hour (wage) depends on years of education (educ), years of experience (exper) and a dummy variable metro which is equal to 1 for workers who live in a metropolitan area and 0 for workers who live outside a metropolitan area. use the data in q1 data for this question. [1] plot wage against educ, exper and metro. estimate the following regression model wage=β_0+β_1 educ β_2 exper+β_3 metro+u report your fitted results with relevant computer output. check the regression assumptions and explain any possible problems you identify. interpret the regression coefficients

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:20
Amathematical approximation called the rule of 70 tells us that the number of years that it will take something that is growing to double in size is approximately equal to the number 70 divided by its percentage rate of growth. thus, if mexico's real gdp per person is growing at 7 percent per year, it will take about 10 years(=70/7) to double. apply the rule of 70 to solve the following problem. real gdp per person in mexico in 2005 was about $11,000 per person, while it was about $44,000 per person in the u.s. if real gdp per person in mexico grows at the rate of 5 percent per year: how long will it take mexico's real gdp per person to reach the level that the united states was at in 2005? (hint: how many times would mexico's 2005 real gdp per person have to double to reach the u.s.'s 2005 real gdp per person?
Answers: 3
question
Business, 22.06.2019 20:20
Which statement is not true about a peptide bond? which statement is not true about a peptide bond? the peptide bond has partial double-bond character. the carbonyl oxygen and the amide hydrogen are most often in a trans configuration with respect to one another. rotation is restricted about the peptide bond. the peptide bond is longer than the typical carbon-nitrogen bond.
Answers: 2
question
Business, 22.06.2019 23:00
Consider a consumer who is contemplating a new automobile purchase. she has narrowed her decision down to two brands, honda accord and ford taurus. she has identified gas mileage, price, warranty, and styling to be important attributes to consider in her decision
Answers: 1
question
Business, 23.06.2019 03:10
What two categories do strategic choices fall within? a. generic business strategies and cost leadership strategies b. business-level strategies and corporate-level strategies c. cost leadership strategies and corporate-level strategies d. diversification strategies and leadership strategies e. pricing strategies and cost-leadership strategies
Answers: 1
You know the right answer?
It is expected that earnings per hour (wage) depends on years of education (educ), years of experien...
Questions
question
Spanish, 04.11.2020 06:40
question
Mathematics, 04.11.2020 06:40
question
Mathematics, 04.11.2020 06:40
Questions on the website: 13722367